Investor Presentation July 2021
Kuwait Selected Mega Projects
Project
South Al Mutlaa City
Status
30,000 residential units, schools and other facilities
Sector
Value (KD bn)
Scope
Housing
2.33
Jahra & Sulaibiya Low Cost Housing City
Housing
0.6
Low cost housing project north of Kuwait City; 824 Hectares
New Refinery Project
(NRP)
Clean Fuels Project
(CFP)
Oil & gas
3.90
New 615,000 bpd refinery by KNPC
Oil & gas
3.70
Jurassic Non Associated Oil & Gas Reserves
Expansion: Phase 2
Oil & gas
1.22
Petrochemical Facility at Al-Zour
Underway: The infrastructure works have progressed up to 93% on Plots N2 & N3 and up to 67% on Plots N1 & N4. Roads
construction has progressed up to 52% and is scheduled to be completed by Mar-2023. Likewise, construction works have
commenced on water distribution network.
Underway: Infrastructure works completed. Project was in the execution stage as per latest update in May-2020 and scheduled to
complete in 2030.
Underway: Construction works are complete on P-1 to P-5. The project is to operate by end-2021 from June-2021. Final
consultancy contract yet to be awarded.
Specification upgrade and expansion of 2 existing refineries to produce
800,000 b/d.
Complete: Overall progress 100%. Construction works completed. The project is currently under operation and the time for its
shutdown mechanical maintenance is still unknown.
Production of 120,000 b/d of wet crude and more than 300 million cubic
feet a day (cf/d) of sour gas
Underway: Construction activities completed on West and East Raudhatain field, Sabriyah and Umm Niqa and commissioning is
underway. JPF-4 & 5 bids submitted. The invitation to bid for JPF-6 and 7 are not yet issued and tendency towards cancellation.
Oil & gas
2.0
Petrochemical plant to be integrated with Al-Zour refinery.
LNG Import and Regasification Terminal
Oil & gas
0.80
4 full containment LNG tanks each with a working capacity of 225,500
m and a regasification plant with capacity of 1500 BBTU/day
Al-Zour North (IWPP) - P2 to P5
Power & water
0.5
1800 MW of power generation capacity and 464,100m³ /day of
desalination capacity
Planning: FEED works completed. Project Engineering and Management Services for 6 years contract has been awarded. ITB
expected by 4Q2021 for 7 qualified bidders.
Underway: Progress at 97%. Dredging works have been completed and undertaken while construction works are still progressing
and expected to be completed by 2022.
Complete/Planning: Overall progress 55%. P-1 is complete. KAPP obtained approval to award the Transaction Advisory Services
contract for P-2 & P-3. P-4 & P-5 are under study.
Bidding/Planning: KAPP obtained approval to award the Transaction Advisory Services contract. P-2 & P-3 are still in the study
Al-Khairan Power & Desalination Plant (IWPP)
Power & water
0.51
Net capacity of a min 1,500 MW of power and a min 125 MIGD of
desalinated water
phase.
Umm Al Hayman Waste Water (PPP)
Power & water
0.47
Kabd Municipal Solid Waste Project
Power & water
0.3
Initial treatment capacity of 500,000 m³/d. Plant may replace Riqqa
WWTP in future
Underway: KAPP signed final agreements and financial closure has been achieved for the project. Construction works commenced
and set to be completed by Jan-2024.
Waste to energy facility; 50% of all the municipal solid waste produced
in Kuwait will be processed at the facility
On Hold: The project has been put on hold and the client is likely to cancel the project.
Kuwait Metropolitan Rapid Transit
Transport
5.4
165 km transit line running across Kuwait.
Airport Expansion (New Passenger Building)
Transport
1.90
To increase the annual handling capacity of the airport to 20 million
passengers and new runways and infrastructure expansion
Planning: Feasibility study for the project has been completed stating the PPP models is more economically viable than the
traditional tendered approach.
Underway/Planning: Overall progress at 41%. Construction works ongoing on Terminal. P-2 contract for landside works is yet to be
awarded. Crossroads contract bid submission deadline ended Jun-2021. The main contract tender is yet to be issued on P-1 of
Package 1. The Cargo City (Package 4B) is still in its initial stage of development.
National Bank of Kuwait 28View entire presentation